Rochester Resources Q1 Loss Widens to C$1.54 Million Despite 45% Revenue Growth

Rochester Resources Ltd. (RCT.V) reported a first-quarter loss of C$1.54 million, or C$0.03 per share, widening from a loss of C$0.843 million, or C$0.02 per share, a year earlier. Revenue for the period rose 45.1% to C$6.88 million from C$4.74 million last year, according to GAAP figures. The company did not disclose additional details on the factors driving the wider loss in the earnings release.